Three buildings totaling more than 50,500 square feet sit on the 7.2 acres, Mr. Rentz says.

"A developer could take down what’s there or incorporate it into a larger development," he says. "The main building is in good shape, with 16- to 20-foot ceilings."

The 42,000-square-foot main building consists of a large auditorium with stage, office or meeting rooms and classrooms, he says.

Also on site, he says, are a 4,955-square-foot warehouse with two bay doors and a 3,600-square-foot building now in use as a social club.

The property is zoned for office use and was master-planned by the City of Miami to allow a wide assortment of residential and commercial uses.

Mr. Rentz says the company will initially target mixed-use developers and government entities, since the area is already home to a number of government agencies.

The Mahi Shrine, now headed by Richard E. Lynn, is one of 11 shrines in Florida affiliated with the Shrine of North America, an international fraternity of about 525,000 members throughout four nations of the Americas. The Florida shriners are to hold their annual association meeting here next May.

Shriners maintain a network of 22 hospitals that delivery free care to children under 18 for burns and orthopaedic treatment. The Mahi Shrine provides free transportation for children to a shriners’ hospital. Details: (305) 358-1000.